The Finance Weekly
JULY 23, 2024
You're a business owner looking to expand your business by encouraging existing customers to spend more on your business. Let’s say you hand them out a loyalty card. Every time they buy something from your store, they rack up points. These points add up throughout the year, rewarding them with tokens from you. This is where Net Revenue Retention (NRR) comes into play.
Payments Dive
JULY 23, 2024
The consent order has been expected since February, when Green Dot revealed that reasonable associated losses could total $50 million.
Fintech News
JULY 23, 2024
13 fintech companies from Southeast Asia have been named among this year’s top 250 fintech companies worldwide, recognized for their growth and significant impact on the global fintech landscape. These companies are featured on the World’s Top Fintech Companies 2024. The list, produced by CNBC in collaboration with market research firm Statista, highlights the world’s top 250 fintech companies across eight market categories: payments, wealthtech, business process solutions, neobanking, alternati
Finextra
JULY 23, 2024
Tim Berners-Lee is eying the next phase of the web as his company Inrupt launches a white-label "data wallet" that lets people store, manage and share their data.
Speaker: Jason Cottrell and Gireesh Sahukar
Retailers know the clock is ticking–legacy SAP Commerce support ends in 2026. Legacy platforms are becoming a liability burdened by complexity, rigidity, and mounting operational costs. But modernization isn’t just about swapping out systems, it’s about preparing for a future shaped by real-time interactions, AI powered buying assistants, and flexible commerce architecture.
Fintech News
JULY 23, 2024
HSBC and the Singapore Business Federation (SBF) signed a Memorandum of Understanding (MOU) to help Singapore businesses explore growth opportunities in key trade corridors such as the Greater Bay Area, India, and the Middle East. The agreement aims to leverage HSBC ‘s global network and range of solutions to support local businesses in their sustainable transition and international expansion.
Finextra
JULY 23, 2024
The Federal Trade Commission is investigating how companies including Mastercard and JPMorgan Chase use AI and personal data for services that let firms set different prices for different people.
Payments Space brings together the best content for payment processing professionals from the widest variety of industry thought leaders.
Fintech News
JULY 23, 2024
ANEXT Bank, a digital wholesale bank based in Singapore and a subsidiary of Ant International, experienced a near 10% increase in losses in 2023, even as revenue grew almost sevenfold, according to DealStreetAsia’s analysis of regulatory filings. In its annual return filed with Singapore’s Accounting and Corporate Regulatory Authority (ACRA), ANEXT Bank reported a nearly sevenfold surge in net interest income to S$22.2 million (US$16.5 million) in the financial year ending 31 Decembe
TechCrunch Fintech
JULY 23, 2024
After doing some consulting for Microsoft to develop protections against zero-day exploits, software engineer Joran Dirk Greef worked with Coil, a web monetization startup in San Francisco, to help build its payments infrastructure. At the time, Coil was using a traditional database to store and process transactions. But Greef had the insight that a specialized […] © 2024 TechCrunch.
Fintech News
JULY 23, 2024
Hex Trust, a Hong Kong-based digital asset custodian, announced it has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This license will allow Hex Trust to offer regulated Digital Payment Token (DPT) services in Singapore, including custody and OTC trading of DPTs. Hex Trust, which has had a dedicated office and team in Singapore since 2020, aims to meet the growing demand for compliant digital asset management solution
Segpay
JULY 23, 2024
There’s been a lot of talk about changes to cross-sales and checkout pages. You’ve likely noticed that acquirers are actively pushing back on allowing merchants to offer a negative option, upsell, or cross-sell on payment pages. Our U.S. and many of our EU acquirers no longer support these additional sales. The bank will reject or decline the account even if we present a merchant with an existing biller payment form, a negative option, or an opt-out cross-sale on a payment page.
Speaker: Michael Veatch, Senior Director, Implementations & Ella Aguirre, Director of Solution Consulting
Embedding payments can be a transformative step for software companies looking to enhance their platform capabilities, boost customer satisfaction, and drive long-term growth. However, the success of payments hinges on a single thing: implementation. Drawing on real-world insights and experiences, payments implementation experts Michael Veatch and Ella Aguirre will explore actionable strategies that can lead to a transparent, friction-free launch and mitigate potential challenges like technical
Fintech News
JULY 23, 2024
Payments infrastructure company TerraPay has announced that financial institutions can now send money directly to over 2.1 billion mobile wallets worldwide using their existing Swift connectivity. This development aims to enhance the cross-border payments experience for businesses and consumers. Payments initiated over Swift will reach TerraPay’s system efficiently and transparently from account to wallet, utilising Swift’s transaction tracking capabilities.
Finextra
JULY 23, 2024
Following its successful entrance in other EU nations, Mintos, the multi-asset investment platform offering a unique mix of alternative and traditional investment options, continues its European rollout by making its official debut in the Portuguese investment market.
Fintech News
JULY 23, 2024
Global financial software provider Finastra has partnered with CredAble, a working capital finance platform, to enhance its Trade Innovation platform with a comprehensive supply chain finance offering. This collaboration aims to provide banks with an integrated solution that supports revenue growth, business expansion, and improved customer satisfaction by offering a wider range of financial services.
Fintech Finance
JULY 23, 2024
XTransfer , China’s top B2B cross-border trade payment platform, and EBANX , the leading payment platform connecting global companies with customers in Latin America, Africa, and Asia, announced a strategic partnership aimed at streamlining B2B trade payments in Latin America. This collaboration will empower XTransfer’s clients – small and medium-sized enterprises (SMEs) worldwide working with imports and exports – to navigate LatAm’s digital economy with greater ease and efficiency.
Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón
Enterprise commerce is at an inflection point. Rigid, monolithic platforms slow brands down, but a full replatforming is disruptive and costly. Modular architecture offers a flexible, scalable alternative - allowing enterprise brands to modernize without ripping and replacing their entire stack. Learn how a composable approach helps modernize commerce stacks while maintaining control over critical systems.
The Fintech Times
JULY 23, 2024
Opinions on trust within the financial world reflect a positive trend, according to the ‘Fairer Finance Trust in Banking Index’ from Fairer Finance , the independent consumer group and rating provider. This comes as a surprise as complaints to the Financial Ombudsman Service have also seen a rise in recent times – especially with issues surrounding current accounts and credit cards.
Finextra
JULY 23, 2024
Blackhawk Network (BHN) and Mastercard Announce Global Environmental Sustainability Initiative Mastercard, BHN transitioning open-loop prepaid cards supplied to third party retail networks from plastic to paper-based materials
Fintech Finance
JULY 23, 2024
FINOM , the leading European digital banking solution for SMEs and entrepreneurs, today announced the launch of SEPA Direct Debit B2B (SDD B2B) for its customers. This service is now available in all countries where FINOM provides local IBAN accounts through its own Electronic Money Institution (EMI) license. This new feature complements FINOM’s existing SEPA Direct Debit Core offering, providing a more comprehensive suite of payment options for businesses of all sizes.
Payments Dive
JULY 23, 2024
Gen Z and millennials are driving spending, sometimes as premium customers, to the benefit of the credit card company.
Advertisement
Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?
Fintech Finance
JULY 23, 2024
Billie , the new standard for B2B payments and leading provider of Buy Now, Pay Later (BNPL) payment solutions for business customers is now available via Stripe. Throughout the summer, a select number of online shops and marketplaces selling to business customers in Germany, France, and the Netherlands will be able to test the new solution. Later on this year, any business running on Stripe’s financial infrastructure platform will be able to easily offer Billie’s Buy Now, Pay Later payment meth
Payments Dive
JULY 23, 2024
The Federal Trade Commission demanded information from eight companies, including the card network, to better understand how consumer data is being used in the pricing of products and services.
Fintech Finance
JULY 23, 2024
TerraPay , a global money movement company, today announces that financial institutions can send money directly to more than 2.1 billion mobile wallets around the world using their existing Swift connectivity, enhancing the cross-border payments experience for businesses and consumers. Payments initiated by financial institutions over Swift will reach TerraPay’s system with speed and efficiency, and with end-to-end transparency from account to wallet, powered by Swift’s transaction t
The Payments Association
JULY 23, 2024
Paynetics has been selected for TechRound's FinTech 50 list for 2024, recognised for its innovative Embedded Finance solutions that seamlessly integrate payments into business offerings.
Speaker: Becky Parisotto and John Vurdelja
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
Fintech Finance
JULY 23, 2024
Capco , the global management and technology consultancy, has appointed Anil Nanda as a new Partner and UK & Europe Head of Payments, based in London. In his new role, Anil joins the senior leadership team within Capco’s expanding UK and Global Banking & Payments (B&P) practice led by Tony Prestedge, Capco Partner and formerly Deputy Chief Executive at Santander UK.
The Payments Association
JULY 23, 2024
Paynetics, the pioneering embedded finance provider, announced today its strategic acquisition of Novus, the UK’s first-ever “impact neobank.” This landmark deal underscores Paynetics’ commitment to advancing environmental, social, and governance goals while revolutionising the financial landscape with its powerful embedded finance suite.
Fintech Finance
JULY 23, 2024
ACI Worldwide (NASDAQ: ACIW), a global leader in mission-critical, real-time payments solutions, and Worldpay , a leading global provider of payment processing solutions, today announced an extension of their longstanding partnership. The agreement will see ACI continue to provide critical infrastructure to Worldpay to support merchants worldwide. Through ACI’s innovative, market-leading payments software solutions, Worldpay will continue to offer market-leading stability and payments acceptance
The Payments Association
JULY 23, 2024
Embrace the Future of eCommerce with Click to Pay eCommerce is booming, yet many merchants struggle with cart abandonment due to cumbersome checkouts and security concerns. Click to Pay offers a seamless, one-click checkout experience that is both faster and safer, using tokenization to protect payment details. Thales' D1 platform ensures easy integration and compliance with evolving standards, helping issuers and merchants deliver a modern, trusted payment experience.
Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms
In this webinar, Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms, will dive into the 7 must-have criteria for evaluating payments partners, helping you maximize both efficiency and the long-term value of your investment. From assessing technology capabilities to leveraging business development opportunities, this session will give you a clear, actionable strategy to select the right partner for scaling your business.
Fintech Finance
JULY 23, 2024
UK Finance today releases its latest Payment Markets Report, produced in collaboration with Accenture , which shows payments trends for the UK in 2023 and gives forecast projections for the next decade. Key figures for 2023 The total number of payments made in the UK increased by five per cent to 48.1 billion Almost four out of ten (38 per cent) of all payments made in the UK during 2023 were contactless One third of UK adults were using mobile contactless payments at least once a month The numb
Basis Theory
JULY 23, 2024
PCI-DSS rules cover physical, as well as digital, storage of CC data. Learn how to meet the requirements here.
Fintech Finance
JULY 23, 2024
Keynova Group, the principal competitive intelligence source for digital financial services firms, today announced the results of its 2024 Small Business Banker Scorecard. Bank of America continues its winning streak in the annual benchmark that evaluates the online and mobile experience for small business customers of the top 11 national and regional banks that focus on small business digital banking.
Finextra
JULY 23, 2024
More than 10 million UK consumers and small businesses are now regularly benefiting from using open banking technology.
Speaker: Jennifer Wright and Nick Barron
2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt
Expert insights. Personalized for you.
246 
Let's personalize your content